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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

 

Administrator
The individual or institution appointed by a court to oversee the settlement of the estate of a person who has died without a will.

 

Alpha
Measures a fund's risk-adjusted performance and represents the difference between a fund's actual performance and its expected performance, given its level of risk.

 

Amortization
Gradual debt reduction. Normally, the reduction is made according to a pre-determined schedule for installment payments.

 

Annual Portfolio Turnover
A measure of how frequently assets within a fund are bought and sold.

 

Annuity
An interest-bearing contract between an individual and a life insurance company that guarantees periodic payments to the indivdual during a specific time period.

 

Appreciation
An increase in value, the opposite of depreciation.

 

 
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